LPPFusion on Wefunder

Cheap, safe, and clean energy generator: the power of the sun recreated on Earth

Raise to date: $367,250

Reporting Date: 01/15/2020

Key Stats

Minimum Raise

$400,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

11/20/2019

Stop Date

01/31/2020

Days Remaining

13

Security Type

Common Stock

Investment Minimum

$1,000

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

148

% of Minimum Raised

92%

% of Maximum Raised

34%

Dollars Per Day to Reach Max

$54,058

DPD* Committed

$6,558

DPD* Category

$0

DPD* All Companies

$1,076

Kingscrowd Momentum

$367,250

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

LPPFusion, with a pre-money valuation of $39.3 million, is raising crowdfunding on WeFunder. The company is developing the fastest path to using fusion energy instead of the energy from fossil fuels. LPPFusion is creating the technology to generate the most power in the least space, in a clean, safe, and cheap manner. The technology of LPPFusion does not produce any radioactive waste and has provided excellent experimental results. LPPFusion is managed by Eric J. Lerner as the President and Chief Scientist, with Ivana Karamitsos as the Chief Information Officer. The company has raised over $7.5 million in the previous rounds of financing. The proceeds of the current crowdfunding round, with a minimum goal of $400,000 and a maximum goal of $1,070,000, will be used to finance the next few critical months of scientific research and to pay down debts. LPPFusion has patents issued in countries including the US, China, Canada, the EU, and Australia.

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